Shortly after the introduction of a new coin, newspapers published articles claiming the coin is biased. The stories were based on reports that someone had spun the coin 150 times and gotten 81 headsminusthat's 54% heads. a) font size decreased by 1 Use the Normal model to approximate the Binomial to determine the probability of spinning a fair coin 150 times and getting at least 81 heads. b) font size decreased by 1 Do you think this is evidence that spinning this new coin is unfair? Would you be willing to use it at the beginning of a sports event? Explain.
a)
we have to find for n=150 trials probability of getting at least 81 heads for fair coin
so
let X is number of heads
so
E(X)=np=150*0.5 =75
Var(X) =npq=150*0.5*0.5=37.5
SD(X) =sqrt(var(X))=sqrt(37.5) =6.12
Now
=1-P(Z<0.98) =1-0.836=0.164
B)
no,this is not enough evidence because we have still chance of 16.4% getting 81 or more heads so may be the instance at which someone got 81 heads out of 150 is out of 16.4% chances
but i will not use this coin for toss becuase people will not happy with this coin
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